‘It’s a new lens’: Champagne unveils new budget framework that splits operating from capital spending
The finance minister also committed to a new fiscal cycle, with a fall budget as the new timeline going forward, and spring economic and fiscal update.
Finance Minister François-Philippe Champagne says the Liberals are taking a new approach to budgets, distinguishing between day-to-day spending and funding for capital expenditures, and updating the fiscal cycle so the budget comes every fall instead of the spring.
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